G-20 member countries to deliberate on cryptocurrencies regulations in June

User identification on cryptocurrency exchanges to be used to fight criminal activities.

The June 2019 forum will be attended the member nations, G-20 central bank governors and finance members.

The -20 nations are planning to discuss new measures regarding anti-money laundering (AML) as well as counter-terrorism. The report on the June sitting was released on April 4. The forum will be attended the member nations, G-20 central bank governors and finance members.

The agenda of the meeting is to develop and come to understanding on a new crypto framework geared towards fighting terrorism and money laundering made possible by digital assets. The member nations expect to target anti-anonymity on platforms by calling for the identification of crypto users most of the exchanges.

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